Why McDonald’s Has Flopped In Vietnam (VIDEO)
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Why McDonald’s Has Flopped In Vietnam (VIDEO)
CNBC - The fast food industry thrives in most of the world. Chains like McDonald's and Burger King typically come out on top in the $651 billion fast food industry. In Vietnam, however, the brands have failed to take off. McDonald's and Burger King have more than 36,000 and 16,000 locations across the globe, respectively. But in Vietnam, McDonald's has 17 stores and Burger King has 13.
In Vietnam, a country spoiled for choice when it comes to food, some U.S. fast food chains are struggling to compete with the local competition.
https://www.youtube.com/watch?v=l9pthhpd7So
In Vietnam, a country spoiled for choice when it comes to food, some U.S. fast food chains are struggling to compete with the local competition.
https://www.youtube.com/watch?v=l9pthhpd7So
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Re: Why McDonald’s Has Flopped In Vietnam (VIDEO)
Who needs Mc when there's Pho?
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Re: Why McDonald’s Has Flopped In Vietnam (VIDEO)
The Mc Donald's at Hoan Kiem is full all the time with both Vietnamese and foreigners. But yes, the two main issues are price (my banh mi is half a Dollar) and the culture; Vietnamese style of eating is very different from what the fast food chains serve up.
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